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    <title>Establishment of Connectivity with both depositories NSDL and CDSL – Companies eligible for shifting from Trade for Trade Settlement (TFTS) to Normal Rolling Settlement</title>
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    <description>Companies with connectivity to both depositories may be shifted from Trade-for-Trade to Normal Rolling Settlement only if at least 50% of non-promoter holdings are in dematerialised mode, evidenced by a certificate from the Registrar and Transfer Agent or, where no RTA exists, from a practicing Company Secretary or Chartered Accountant, and provided there are no other grounds for continuation in Trade-for-Trade. Stock exchanges must report actions taken in Monthly/Quarterly Development Reports.</description>
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      <description>Companies with connectivity to both depositories may be shifted from Trade-for-Trade to Normal Rolling Settlement only if at least 50% of non-promoter holdings are in dematerialised mode, evidenced by a certificate from the Registrar and Transfer Agent or, where no RTA exists, from a practicing Company Secretary or Chartered Accountant, and provided there are no other grounds for continuation in Trade-for-Trade. Stock exchanges must report actions taken in Monthly/Quarterly Development Reports.</description>
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